Guatemala City, November 03, 2021.- In addition to the US$9 million disbursed in the last year and a half by the Central American Bank for Economic Integration (CABEI) to its financial ally Banco de Desarrollo Rural (BANRURAL) in Guatemala, a new disbursement of US$10 million was recently granted to continue supporting the country's business sector in its economic reactivation. CABEI Executive ...
Santo Domingo, June 8th, 2023 - In support of the productive sectors in their economic reactivation and in strengthening their working capital, the Central American Bank for Economic Integration (CABEI) recently disbursed US$2.0 million to its strategic ally Banco de Desarrollo y Exportaciones (BANDEX), funds that will be channeled through Banco de Ahorro y Crédito FONDESA, S.A. (BANFONDESA). ...
San Jose, June 30th, 2022.- Flor Franco, in addition to being the owner of the Leño y Carbón restaurant, is one of the 817 micro, small and medium-sized enterprises (MSMEs) that have benefited in Costa Rica through the Central American Bank for Economic Integration's (CABEI) Financial Sector Support Facility for MSME Financing. Their business is made up of 24 workers who kept their jobs during the ...
Guatemala City, June 29th, 2022.- As a result of access to credit on favorable terms and having a complementary banking product to support such financing, in the last two years 2,258 Guatemalan micro and small businesses have continued to operate despite the adverse effects of the pandemic, managing to meet their obligations and protecting more than 8,500 jobs in rural and urban Guatemala. This ...
Tegucigalpa, June 28th, 2022.- Two years after the implementation of the Financial Sector Support Facility for financing MSMEs of the Central American Bank for Economic Integration (CABEI) , 9,256 jobs have been protected in Honduras, of which 2,261 are women. Among them, Rosa Argentina Brizzio Medina, owner of a grocery microenterprise in Colonia Nueva Suyapa in Tegucigalpa, who was one of the ...
San José, July 1st, 2022 - In order to contribute to the decarbonization of the transportation sector in Costa Rica and the region, the Central American Bank for Economic Integration (CABEI), the European Union, through its Latin American Investment Facility (LAIF), and the Government of Germany through KfW, are sponsoring through the Green MSMEs II Initiative , the "San José 2022 Electric ...
Tegucigalpa, June 27th, 2022.- 99% of the nearly 1.6 million companies operating in the region are MSMEs; 83% micro and 16% small and medium enterprises. This important sector represents more than 65% of the economically active population and are the main employment generation source in the region, according to the Economic Impact Report on the COVID-19 pandemic effect on MSMEs in Central America ...
San Jose, June 28th, 2022.- A total of 19 branches of Correos de Costa Rica will produce their own electricity from solar panels and more than 100 vehicles will be replaced by electric vehicles with the support of the Central American Bank for Economic Integration (CABEI), which, through the Green MSMEs Initiative II , approved a non-reimbursable cooperation grant of US$59,150 to ensure the ...
Seoul, July 7th, 2022.- To promote the productive sectors, foreign trade, and micro, small, and medium-sized enterprises (MSMEs) in Honduras, the Central American Bank for Economic Integration (CABEI) increased its Global Credit Line (GCL) to Banco del País, S.A. (BANPAIS) by US$15.0 million, for a total of up to US$100.0 million. The credit line will provide financing on favorable terms for ...
San Jose, April 19, 2022.- Nearly 2,000 micro, small, and medium-size enterprise (MSME) jobs will be created and safeguarded in Costa Rica with financial support from the Central American Bank for Economic Integration (CABEI), which disbursed more than US$20 million to its intermediary financial institutions Coopeservidores, Promerica, BCT, Financiera CAFSA, and Davivienda. The funds, which are ...